Vertcoin Long Term PositionVertcoin recently activated segwit, increasing its price. Vertcoin is still expected to go up but the demand will fade out with more and more competitors. However, as they update the technology again and the difficulty target's epoch time, Vertcoin will be expected to continue going up in value. Overall it is medium to high risk with expected conservative returns and positive correlations in a long term holding.
Vertcoin
VTC is in an uptrend!VTC is in an uptrend. BITTREX:VTCUSD
Cryptocurrency is in an uptrend.
Breakout is likely to the upside.
Vertcoin Descending Wedge Buy Opportunity.Anytime we've seen Vertcoin sub $8.00 it's been easy money. I just noticed this descending wedge pattern forming and I think this thing is ready for takeoff. If you notice, the RSI and MACD have been consolidating for a while and are ready for a breakout. Bullish runs give me the feeling this is going up, as long as Bitcoin continues either sideways or up. So many opportunities today!
Target is just the top of the wedge of the start of the wedge, however there is a chance that this goes higher, so you may want to ride it out. If the market wasn't so overbought, I would turn this into a long-term position.
5 minute charts show this to be oversold. And we are seeing support at the bottom line of the wedge. I made sure I hurried up and got in before it takes off. HOWEVER, there is always the chance that this thing goes south and double bottoms, then that we be a good re-entry. But I set my stop loss right below that. There is a good chance to gain A LOT and also LOSE a decent amount. Be conscious on this trade.
Good luck!
Vertcoin Tests of Key Support Levels - 12-14-2017Big support level looming at the juncture of the previous support level and the Bollinger Band midline. This will be the time for the bulls to step back in an buy. If not, and if price closes below this level, the expect a move back down to the lower BB.
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Vertcoin Accumulation ContinuesI've decided to show tonight's chart as a line chart. This will allow us to filter out the noise and concentrate on the closing daily prices.
After the breakout of the $6.98 level, price came back to that former resistance level, held, and now has been trading higher. Former support becomes resistance.
In the last couple of days, price broke out again above the 1.236 level and has now re-tagged it. There's a good chance of price moving higher. Breakout, re-tag breakout price, breakout, re-tag, wash, rinse, repeat. This is bullish and a good thing. :-)
There's also a chance that price will move sideways. But this will give the Bollinger Band's midline a chance to catch up, letting price bounce off of it before moving higher. In either case, this is a bullish chart.
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VTCUSD Long - Possible entry point! Hi,
I think there is a good possibility that VTCUSD will drop down to 5/6-ish levels to complete a correction and make a 'Bullish bat-ish'-pattern. If we do see these levels, than the coin will most likely make another move to 14.5$. So a good entry would be at 6 or 6.5$
- Trade with care, bye.
Vertcoin Indecision - 12-12-2017Today's doji reflects true indecision. Since it was halving day, this should not be a surprise.
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VertCoin Moves Sideways - 12/11/2017Vertcoin continued to move sideways, dancing between the BB midline and the upper line of the 50 day BB (yellow line). Not much to do here but sit on our hands and wait. I'm HODL.
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VTC/BTC ready to test previous ATH ?At the time of writing this , there is a massive sell wall (29.8 BTC) sitting at 0.6 , if this wall is not broken , I can see Vertcoin bouncing between its support and resistance levels . However if support is broken I see it dropping back down into the bounce zone .
Now time for the good news , if buyers break this wall , Vertcoin could break right through to previous all time high which could turn support .
I will update this as it crosses the lines .
Good Luck and happy trading !
Vertcoin Consolidates ahead of Mining Halving - 12-10-20173 tags of the Bollinger Band midline and each has been rejected. Price continues to consolidate ahead of the mining halving.
Today there's a bullish crossover signal on the haDelta.
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Vertcoin Decending Triangle
Seems like a bearish decending triangle is forming with a wide but narrowing range of support... Anybody want to revise my analysts?
BITTREX:VTCUSD
#Vertcoin possible $16 before the Halvening? 1H chart #VTC #USD1H Chart and a possible outcome that points to a possible run to 16$
Vertcoin - 12-6-2017Another volitile and wild day for Vertcoin. In the end though price closed above the 50 day Bollinger Band's outer line which is very bullish. This says that strength will be building while price consolidates.
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